Awareness on Entrepreneurial Orientation Among Management Students in Vellore

Abstract

Purpose: Thus, the objective of this study was to analyze, by means of multivariate techniques, an instrument whose function is to measure the learning of teaching Entrepreneurship, verifying the change in the entrepreneurial profile between participants and non-participants of the entrepreneurial formation process. The research was carried out among university students of the Business Administration course, Vellore. Theoretical Framework: Entrepreneurship is a socio-economic phenomenon that has been valued for its influence on the growth and development of regional and national economies. The main agent promoting this phenomenon is the entrepreneur; a subject endowed with multiple characteristics who act in a dynamic way and is focused on reaping results, the fruits of their personal efforts. The insertion and search for enterprising subjects in different societies have been noticeable in public, economic and educational programs and policies. Entrepreneurial education is highlighted as one of the most efficient ways to disseminate culture and train new entrepreneurs. From this perspective, the teaching of Entrepreneurship stands out as a resource used for the formation of new entrepreneurs. Design/Methodology/Approach: The present study aims to analyze the entrepreneurial intention of students from four Institutions in Vellore, relating it to entrepreneurial self-efficacy and academic self-efficacy, and to try to understand which factors influence it. The sample of this study consists of 290 students from four Institutions in Vellore, of which 114 (39.3%) are male and 176 (60.7%) are female. Findings: Regarding the degree of importance that students attribute to the Institution support structures for the creation of a company, there is a statistically significant difference, in which the GTEC students stand out, who are the ones who attach the most importance to ”Spaces and equipment for starting the business". With regard to the remaining questions, there are no statistically significant differences between the mean values of the answers given depending on the Institution. Research, Practical/ & Social Implications: In the analysis of the differences between Institutions, it was verified the existence of statistically significant differences in the questions related to the desire to create their own company and to have a concrete business idea to create, in which SPIM showed a higher average in relation to the other three Institutions. Regarding the other two research questions, “I consider myself capable of creating a company”, and “I am able to work on my own”, there were no statistically significant differences between the four Institutions. Originality/Value: The present study adds value among the management students with regard to the awareness on entrepreneurship which leads to the country’ economic development.